Sophos Group PLC (LON:SOPH) Receives GBX 455.83 Average PT from Brokerages

Shares of Sophos Group PLC (LON:SOPH) have received an average recommendation of “Hold” from the nine research firms that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 455.83 ($5.96).

SOPH has been the subject of several research analyst reports. Morgan Stanley reiterated an “overweight” rating and issued a GBX 460 ($6.01) price objective on shares of Sophos Group in a research report on Friday, May 17th. Shore Capital reissued a “hold” rating on shares of Sophos Group in a research note on Thursday, May 16th. Numis Securities reissued a “hold” rating on shares of Sophos Group in a research note on Monday, June 10th. Liberum Capital reissued a “hold” rating on shares of Sophos Group in a research note on Friday, July 12th. Finally, JPMorgan Chase & Co. lifted their target price on Sophos Group from GBX 480 ($6.27) to GBX 490 ($6.40) and gave the company an “overweight” rating in a research note on Monday, July 15th.

In related news, insider Nick Bray sold 23,105 shares of the stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of GBX 385 ($5.03), for a total transaction of £88,954.25 ($116,234.48). Also, insider Kris Hagerman sold 19,414 shares of the stock in a transaction that occurred on Tuesday, June 4th. The stock was sold at an average price of GBX 402 ($5.25), for a total value of £78,044.28 ($101,978.68).

Shares of SOPH opened at GBX 394 ($5.15) on Tuesday. The stock has a fifty day moving average price of GBX 420.53 and a two-hundred day moving average price of GBX 370.46. The company has a debt-to-equity ratio of 192.55, a quick ratio of 0.55 and a current ratio of 0.67. Sophos Group has a 52-week low of GBX 273.40 ($3.57) and a 52-week high of GBX 546 ($7.13). The company has a market cap of $1.91 billion and a price-to-earnings ratio of 72.96.

Sophos Group Company Profile

Sophos Group plc, through its subsidiaries, provides cloud-enabled end-user and network security solutions. The company offers XG Firewall, a next-generation firewall protection for network, users, and applications from new control center; SG UTM, a user interface to protect network and users; Secure Wi-Fi, a wireless access point; Secure Web Gateway for Web security; Secure Email Gateway solutions; and Phish Threat, an email phishing test simulation and training product.

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Analyst Recommendations for Sophos Group (LON:SOPH)

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